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Binance Shein Contract Plunges 17% as IPO Pricing Meets 20x Leverage

Covered by 1 source · 1 article

Binance has rolled out a new leveraged product tied to Shein, giving traders another way to bet on the fast-fashion giant just as its long-awaited IPO takes shape. The Binance Shein contract went live on the exchange’s Futures platform, off…

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Binance Shein Contract Plunges 17% as IPO Pricing Meets 20x Leverage
Cryptonomist 3h ago

Binance Shein Contract Plunges 17% as IPO Pricing Meets 20x Leverage

Binance has rolled out a new leveraged product tied to Shein, giving traders another way to bet on the fast-fashion giant just as its long-awaited IPO takes shape. The Binance Shein contract went live on the exchange’s Futures platform, off…